EU Set for Own Summit in Bid to Rival China Belt and Road
- Bloc will host leaders of around 20 partner nations next week
- Plan rivals China’s investment push celebrating 10th year
The European Commission’s Berlaymont building in Brussels.
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The European Union will host leaders of some 20 countries next week to boost its global infrastructure plan aimed at competing with China in strategic regions, according to people familiar with the matter.
The summit will come a week after China gathered representatives of more than 130 countries to celebrate the 10th anniversary of its own global investment plan, the Belt and Road Initiative.